Reliance Industries has raised a $2.9 billion dual-currency offshore loan, the largest by an Indian firm in over a year, reflecting robust lender confidence amid slow Asia-Pacific deal flows
In Doha, Mukesh Ambani was present at the state dinner hosted for Donald Trump by the Emir of Qatar. However, reports suggest that business discussions were off the table
Firms cite equipment delays from China for missing ACC PLI milestones; govt mulls extension request, penalties imposed for breaching December 2024 deadline
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, and ITC faced erosion from their market valuation, Infosys, and Hindustan Unilever made gains on the other hand. The valuation of Reliance Industries tumbled Rs 59,799.34 crore to Rs 18,64,436.42 crore. ICICI Bank's market valuation dropped Rs 30,185.36 crore to Rs 9,90,015.33 crore. The valuation of HDFC Bank tanked Rs 27,062.52 crore to Rs 14,46,294.43 crore and that of State Bank of India dived Rs 18,429.34 crore to Rs 6,95,584.89 crore. The market capitalisation (mcap) of Bajaj Finance diminished Rs 13,798.85 crore to Rs 5,36,927.95 crore. The valuation of ITC declined Rs
Dividends not claimed before deadline will be moved to Investor Education and Protection Fund according to regulations
Reliance Industries withdraws 'Operation Sindoor' trademark bid, says filing was unauthorised; calls the term a national symbol of bravery
Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025
The nations agreed last month to collaborate on the two plants, as the largest oil exporter seeks to tap a massive market that will help drive global demand growth
Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand
The combined market valuation of seven of the top-10 valued firms surged by Rs 2.31 lakh crore (Rs 2,31,177.3 crore) in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer amid a largely optimistic trend in equities. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and ITC emerged as the gainers in the top-10 pack, Tata Consultancy Services, Bajaj Finance and Hindustan Unilever faced losses in their valuation. Last week, the BSE benchmark jumped 1,289.46 points or 1.62 per cent. Equity markets were closed on Thursday for 'Maharashtra Day'. The market valuation of Reliance Industries jumped Rs 1,64,959.62 crore to Rs 19,24,235.76 crore. Bharti Airtel's valuation surged by Rs 20,755.67 crore to Rs 10,56,029.91 crore. ICICI Bank added Rs 19,381.9 crore to Rs 10,20,200.69 crore in its valuation. The market capitalisation (mcap) of HDFC Bank rallied by Rs 11,514.78 crore to Rs 14,73,356.95 crore and that of
Mukesh Ambani stressed that the 1.2 billion mobile phones in India potentially have 1.2 billion screens on which users can access entertainment
Mukesh Ambani gains $20 billion amid market rally; Adani rises $10 billion but remains 57% below his June 2024 peak, Forbes data shows
Among the sectoral indices in the NSE, Nifty IT index hit a 3-week high and emerged as the top performer by settling higher by 1.23 per cent led by LTI MindTree, and Tech Mahindra
Equities surge on foreign flows; RIL rallies 5.3%
Given the recovery in retail, the recent recovery in petchem margins, and the scale-up in the new energy business, most brokerages have a buy rating on RIL
The BSE Oil & Gas index touched intraday high of 26,551.71, up 3.12 per cent from previous session's close of 25,746.71. HPCL, BPCL, IOC were among the top gainers in trade on April 29, data shows
Among the sectoral indices, Nifty Oil & Gas was the top performer, ending higher by 3.18 per cent, led by RIL (5.07 per cent) and BPCL (4.97 per cent)
Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.
The oil-to-telecom conglomerate posted a consolidated net profit of ₹19,407 crore for the quarter ended March, up nearly 2.4 per cent Y-o-Y
RIL stock has gained 8% in the last 2 months, after a 4-month consolidation around its key trend line support - a key technical indicator the stock has been holding above since the last 11 years.